Shareholders of SBA Communications Corp (SBAC) looking to boost their income beyond the stock's 1.8% annualized dividend yield can sell the December 2025 covered call at the $240 strike and collect the premium based on the $12.50 bid, which annualizes to an additional 5.7% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 7.5% annualized rate in the scenario where the stock is not called away. Any upside above $240 would be lost if the stock rises there and is called away, but SBAC shares would have to advance 11% from current levels for that to occur, meaning that in the scenario where the stock is called, the shareholder has earned a 16.8% return from this trading level, in addition to any dividends collected before the stock was called.